Call reports 2008
NORBANK — 2008
What NORBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 32,433,000 | 32,514,000 | 31,680,000 | 34,969,000 |
| Total loans | 13,853,000 | 13,492,000 | 13,265,000 | 12,636,000 |
| Allowance for loan losses | 138,000 | 366,000 | 366,000 | 358,000 |
| Securities available for sale | 12,546,000 | 13,294,000 | 13,309,000 | 11,524,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,551,000 | 29,963,000 | 29,065,000 | 28,470,000 |
| Interest-bearing deposits | 21,544,000 | 21,684,000 | 20,801,000 | 21,290,000 |
| Noninterest-bearing deposits | 8,007,000 | 8,279,000 | 8,264,000 | 7,180,000 |
| Equity capital | 2,676,000 | 2,422,000 | 2,464,000 | 6,306,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 448,000 | 871,000 | 1,280,000 | 203,000 |
| Interest expense | 143,000 | 267,000 | 371,000 | 52,000 |
| Net interest income | 305,000 | 604,000 | 909,000 | 151,000 |
| Noninterest income | 18,000 | 34,000 | 52,000 | -27,000 |
| Noninterest expense | 252,000 | 516,000 | 777,000 | 160,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 82,000 | 133,000 | 195,000 | -36,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 82,000 | 133,000 | 195,000 | -36,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,348,000 | 2,294,000 | 2,294,000 | 3,316,000 |
| Total capital | 2,486,000 | 2,499,000 | 2,495,000 | 3,523,000 |
| Risk-weighted assets | 16,821,000 | 16,250,000 | 15,901,000 | 16,390,000 |